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Nov 17, 2012
11/12
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ forsythe ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best sweetest crab for red lobster that we can find. [ male announcer ] hurry in to red lobster's crabfest! the only time of year you can savor 5 succulent crab entrees all under 20 dollars. like a half-pound of tender snow crab paired with savory grilled shrimp, just 12.99. or our hearty crab and roasted garlic seafood bake. [ forsythe ] if i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe and i sea food differently. >> you're back inside the war room. we spent a lot of type covering the election this year but with so many races some flew under the radar and one was the special election for
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ forsythe ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best sweetest crab for red lobster that we can find. [ male announcer ] hurry in to...
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Sep 22, 2012
09/12
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taxes. >> no, it doesn't seem that way and it will be very hard for him during the shared sacrifice argument. no one minds that romney is rich. it's america. you celebrate that. but the fact is that he can't comprehend that the system is rigged in his favor. normal people can't go offshore. they don't get amazing accounts to cattle off that money so they pay 14% fundamentally. he'll have problems moving forward. >> that's such a good point. i don't care that he's rich. i care that he doesn't know he's rich. that he lived such a privileged life. they keep trying to share the narrative that they've had hard times. no, sheno, they haven't. and if they can't recognize that, he can't be president of the entire country. >> eliot: i think you're both exactly right. it's not that we resent wealth. we celebrate it. look at those who are enormously wealthy. but they've been able to demonstrate sympathy and% understanding that they have benefited from the system that permitted them to be wealthy. they
taxes. >> no, it doesn't seem that way and it will be very hard for him during the shared sacrifice argument. no one minds that romney is rich. it's america. you celebrate that. but the fact is that he can't comprehend that the system is rigged in his favor. normal people can't go offshore. they don't get amazing accounts to cattle off that money so they pay 14% fundamentally. he'll have problems moving forward. >> that's such a good point. i don't care that he's rich. i care that...
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Jul 17, 2012
07/12
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mitt romney releasing his tax returns or mitt romney's tax policies? >> in their day-to-day lives, mitt romney's tax policy is the most important thing to look at. voters, if they are voting in their own economic self interest, i think, will want to look at what the tax proposals mitt romney is doing versus what mompom would do to allow corporations have a lower tax returns on materials made overseas, that is an incentive for companies to move jobs overseas. that will not help the average voter. >> yeah. i think they are interested in both and i hope they learn about what the two sides' do for their personal interests. thank you for joining me inside the war room via skype. congrats on your new radio show. up next you will wants to see and here how the obama campaign is turning mitt romney's tune against him. relax, relax, relax. look at me, look at me. we have a big, big hour and the i.q. will go way up. how are you ever going to solve the problem if you don't look at all of the pieces? >>tv and radio talk show host stephanie miller rounds out current
mitt romney releasing his tax returns or mitt romney's tax policies? >> in their day-to-day lives, mitt romney's tax policy is the most important thing to look at. voters, if they are voting in their own economic self interest, i think, will want to look at what the tax proposals mitt romney is doing versus what mompom would do to allow corporations have a lower tax returns on materials made overseas, that is an incentive for companies to move jobs overseas. that will not help the average...
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Jan 3, 2013
01/13
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instead of racing tax raising taxes on dividends we only took it up to 20%. by and large the president wanted $1.6 trillion in new revenue. this comes out at about $620 billion. which takes us to where your introduction leads us. and that is the republicans are very clear that as the debt ceiling a approaches, their demand will be cuts in veterans, social security medicare, medicaid, and nutrition programs vitally needed by americans' working and middle class. >> eliot: you perfectly stated the equation. i probably would have come down on the other side because it seems to me that the risk inherent in the negotiation were about to undertake with the republicans on the debt ceiling is so fraught that i worry that the 620 trillion-dollar in revenue that the president got may not be worth the price and maybe he could have gotten more revenue and get the republicans to say yes to the debt ceiling if he applied more pressure after we had gone off the cliff even if for a previous period of time. >> i certainly agree he should have applied more pressure. as you know
instead of racing tax raising taxes on dividends we only took it up to 20%. by and large the president wanted $1.6 trillion in new revenue. this comes out at about $620 billion. which takes us to where your introduction leads us. and that is the republicans are very clear that as the debt ceiling a approaches, their demand will be cuts in veterans, social security medicare, medicaid, and nutrition programs vitally needed by americans' working and middle class. >> eliot: you perfectly...
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Apr 13, 2012
04/12
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that's why by reattending the bush tax cuts and also-- retaining the bush tax cuts and the tax brackets. $300,000, if you make over a million dollars a year and regular senior will pay $6400 and that's a statement of their value. >> right. >> and that's not-- >> and so that's something you all, in taking back the majority can run on is the contrast. now, the tea party when it came in in 2010 came in on an extreme agenda really blocking so much of what democrats would like to see. do you think that the tea party has sort of played outets string? have you feeling that they're waning a bit and that you'll be successful with running members against those tea partiers who elected? >> well, they haven't accomplished anything. >> wasn't that their goal though. >> their goal, they're anti-government. many' glad you mentioned that, it's important to note when people say why can't you all get along and find common ground, they really don't believe in government. >> right. >> so it's not about the way it used to be you have a spectrum and try to find where the common ground is on that spectrum. th
that's why by reattending the bush tax cuts and also-- retaining the bush tax cuts and the tax brackets. $300,000, if you make over a million dollars a year and regular senior will pay $6400 and that's a statement of their value. >> right. >> and that's not-- >> and so that's something you all, in taking back the majority can run on is the contrast. now, the tea party when it came in in 2010 came in on an extreme agenda really blocking so much of what democrats would like to...
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Aug 14, 2012
08/12
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under ryan it just goes into tax cuts for millionaires. so it's disenagainous they endorse those cuts -- >> let me make one point. what you just articulated is exactly right as a policy matter. the length of time it took you to explain that is 15 times longer than it takes for paul ryan say they -- >> right. the american people trust democrats on medicare more than they trust republicans. there is a reason why paul ryan will not go to florida. >> i think you are right. i will just close on this notion mitt romney tax's plan paul ryan budget the cuts they imagine, and this is the worst form of social darwinism we have discussed since the 1880s. >> yes, and they expand defense spending. >> go figure. sam seder as always great to have you on the program. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> (applause) the best political insight leads to the best political foresight. >>>first pick, i'm going to shock the world and pick, paul ryan. >>>brillant. okay... >>>with the number that just came out he's more inclined to throw long.
under ryan it just goes into tax cuts for millionaires. so it's disenagainous they endorse those cuts -- >> let me make one point. what you just articulated is exactly right as a policy matter. the length of time it took you to explain that is 15 times longer than it takes for paul ryan say they -- >> right. the american people trust democrats on medicare more than they trust republicans. there is a reason why paul ryan will not go to florida. >> i think you are right. i will...
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Dec 11, 2012
12/12
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the republican position has been no new taxes. that's the highest of the theology and first commandment no matter what, thou shalt not raise marginal tax rates. i think it's significant and very positive that some of the saner voices are talking about the prospect of raising top tax rates. it started, and now you have the schisms between bill kristol blast the weekly standard and one hand and the wall street journal editorial page on the other. i think this is going to be a developing story on the republican side. >> eliot: i'm trying to figure out how to carry this theological metaphor. >> it might be better to stop. >> eliot: i'll use another one. will rogers you say the republican party is more like the democratic of yore where there is no capacity to have order. do you think david the grover norquist is althoughing its capacity to opposing voice. >> i think what you see here is the party has two different forces pushing on it. the majority of americans want to see taxes go up on high incomes, and the republicans know the polls
the republican position has been no new taxes. that's the highest of the theology and first commandment no matter what, thou shalt not raise marginal tax rates. i think it's significant and very positive that some of the saner voices are talking about the prospect of raising top tax rates. it started, and now you have the schisms between bill kristol blast the weekly standard and one hand and the wall street journal editorial page on the other. i think this is going to be a developing story on...
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Dec 20, 2012
12/12
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he can say it's a tax cut but it's a tax cuts for people making up to $1 million only if you use the earned income tax credit, you use it. if you use the tuition tax credit to put a kid through college, you'll lose that. all the tax credits used by working families, middle class families are gone in plan-b. secondly the so-called plan-b does absolutely nothing on the fundamental question of our debt. all it says is if you're at over $1 million you're going to go back to the clinton era tax rates, but it doesn't do anything about our debt. it doesn't do anything about sequestration or the cliff. these republicans have turned congress into that old cartoon the road runner, where every episode is another cliff. >> eliot: the good thing about the road runner, it was a cartoon. the bad thing congress is supposed to be making real decisions. the thing that beguiles me is the negotiating strategy he put changed cpi for social security on the table. people thought there must be a deal for him to put that on the table. you wouldn't put that on the table unless you weren't certain that the oth
he can say it's a tax cut but it's a tax cuts for people making up to $1 million only if you use the earned income tax credit, you use it. if you use the tuition tax credit to put a kid through college, you'll lose that. all the tax credits used by working families, middle class families are gone in plan-b. secondly the so-called plan-b does absolutely nothing on the fundamental question of our debt. all it says is if you're at over $1 million you're going to go back to the clinton era tax...
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Nov 16, 2012
11/12
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it would mean the expiration of all the bush tax cuts and an tax inacross of 3,700 for american taxpayers. i'm just saying it ain't gonna happen, but the president wants to keep the bush tax cuts for families earning los angeles than 250 50,000 and allow them toks pyre on wealthy americans. >> we have to make sure that taxes don't go up on middle class families that our chi remains -- economy remains strong. our challenge is to make sure that we are able to cooperate together, work together and find common ground. >> and it looks like actually might find that common ground. the republicans had previously only said they would be open to closing loopholes to increase revenue, but after the meeting mitch mcconnell indicated he might be willing to goa a little further. >> we are prepared to put rev now on the table as long as we fix the real member. our problems believe we are in the dilemma we for not because we don't tax enough is because we spend too much. >> whether it's raising rates or closing loo holes is in the fine print. speaker banor said rev mew could on the table. of and adding t
it would mean the expiration of all the bush tax cuts and an tax inacross of 3,700 for american taxpayers. i'm just saying it ain't gonna happen, but the president wants to keep the bush tax cuts for families earning los angeles than 250 50,000 and allow them toks pyre on wealthy americans. >> we have to make sure that taxes don't go up on middle class families that our chi remains -- economy remains strong. our challenge is to make sure that we are able to cooperate together, work...
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Sep 22, 2012
09/12
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! jennifer speaks truth to power. >>the bottom line is we need an amendment. >>now it's your turn. connect with "the war room" jennifer granholm. >>it's a call to arms. make your voice heard. >> jennifer: as we saw before the break, mitt romney and the republicans are in trouble. they seem to be in dire straights, actually written off by the polls the pundits the people, and their response has been to take president obama's words out of context. to edit him and hope nobody notices. actually the obama campaign has taken notice. and here is their response to romney's out of context shenanigans. >> the american dream is not owning your own home. too many shops too many jobs, too many people putting money in the bank. it took me one to be head o
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! jennifer speaks truth to power. >>the bottom line is we need an amendment. >>now it's your turn. connect with "the war room" jennifer granholm. >>it's a call to arms....
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Feb 23, 2012
02/12
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would lower the tax rate from 35% to 28% and he promised individuals tax cuts including tax cuts for the wealthy, and he would pay for it not through eliminateing loopholes that were put in the tax code by very well-heeled lobbyists. he would pay for it through cuts of social security, medicare and medicaid. neither plan would go into effect any time soon. a major overhaul to the tax code is very, very unlikely to pass congress in an election year. earlier today i spoke with the principle deputy director jason furman, and i asked him about his hopes for the plan's passage. >> well, it's been 25 years since we've overhauled the tax code. in that time it's gotten more and more complicated aided more loopholes, how complexities. that's not what is good for business. a lot of what the president wants to do is sweep away everything that isn't helping our economy cut the rate. that's what we need to do for the american economy and he doesn't want to wait. he wants to start that conversation right away. secretary geithner is going to have the leaders of the congressional tax writer committe
would lower the tax rate from 35% to 28% and he promised individuals tax cuts including tax cuts for the wealthy, and he would pay for it not through eliminateing loopholes that were put in the tax code by very well-heeled lobbyists. he would pay for it through cuts of social security, medicare and medicaid. neither plan would go into effect any time soon. a major overhaul to the tax code is very, very unlikely to pass congress in an election year. earlier today i spoke with the principle...
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Dec 7, 2012
12/12
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not the marginal tax rights of individuals. that's my view. >> cenk: then you go to the defense industry, we've got one of their c.e.o.'s: >> cenk: don't get too excited the defense contractors are on our side. here's the reality. if we don't do a deal, we take $600 billion in defense cuts. that usually comes from the defense contractors. so they're like what! cuts in defense! no no, no, let's make a deal. we can raise them up a couple of points, that's all right. just don't take $7 billion from me. there's self interest there. there's tremendous moment to make this happen, unless you're looking at republicans. and we have got a treat for you today. we're going to do a little hot tub time machine action here. go back to 1993 when president clinton said that he was going to raise the marginal tax rates. here was those same old republicans, making the same old points 19 years ago. >> we have a solid plan ready to go to reduce the deficit calling for no tax increases and true cuts in government spending. >> as opposed to the clint
not the marginal tax rights of individuals. that's my view. >> cenk: then you go to the defense industry, we've got one of their c.e.o.'s: >> cenk: don't get too excited the defense contractors are on our side. here's the reality. if we don't do a deal, we take $600 billion in defense cuts. that usually comes from the defense contractors. so they're like what! cuts in defense! no no, no, let's make a deal. we can raise them up a couple of points, that's all right. just don't take $7...
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Apr 18, 2012
04/12
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do you think our tax code is an example of giving stuff away to the big spenders, the casino? >> absolutely. and in many ways, for example, on wall street there is this thing called carried interest which you can be like every other worker but you are on wall street, you are at a hedge fund you pay capital gains. >> making 400 million a year. >> not occurred income. so the code is rife with that if you look at tax codes around the country, $15,000,000,000, many for the wealthiest and large corporations. >> in california? >> in california, alone. it's really quite stunning, and take a look at where we have been. there was a great article in "the new york times" about a week ago simon johnson has an article called: how the big banks endangered medicare. it points out that how did we end up with an enormous deficit today? obviously, two unpaid for wars massive tax cuts but $7.5 trillion of our national debt, about half our national debt, is attributable to the collapse on wall street that sent our economy into a tailspin. who will pay the price for that? what paul ryan would have
do you think our tax code is an example of giving stuff away to the big spenders, the casino? >> absolutely. and in many ways, for example, on wall street there is this thing called carried interest which you can be like every other worker but you are on wall street, you are at a hedge fund you pay capital gains. >> making 400 million a year. >> not occurred income. so the code is rife with that if you look at tax codes around the country, $15,000,000,000, many for the...
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Sep 27, 2012
09/12
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! smiles make more smiles. when the chocolate is hershey's. life is delicious. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... ♪ [ male announcer ] e-trade. investing unleashed. admitted that that look, we were able to keep a lot of the folks because of the stimulus. >> bill: absolutely. again, do you great work, judd. thank you. all of your colleagues at think progress. we'll see you a
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! smiles make more smiles. when the chocolate is hershey's. life is delicious. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment!...
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Sep 27, 2012
09/12
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romney is against the production tax credit. what do you think of president obama's clean energy policies, including the all of the above strategy with respect to natural gas? >> well, i will say that first of all he did the right thing in trying to invest in wind and solar. now, some of the investments didn't work out but their failure rate wasn't any -- was certainly lower than what would be obtained from investing in nuclear. nuclear is a -- is dead on wall street. and the government's trying to prop it up with loan guarantees. i don't agree with that. i agree with the solar investment. even president obama, at the convention, if you look at his speech, he mentions coal. now, as far as natural gas the glut is there. there are issues with fracking. it cannot be ignored. and so that's -- you know, but the economics that are underlying this election actually are arguing against coal. i think the long-term prospects that we ought to give the coal miners a pension and enable them to live their lives and thank them for their servic
romney is against the production tax credit. what do you think of president obama's clean energy policies, including the all of the above strategy with respect to natural gas? >> well, i will say that first of all he did the right thing in trying to invest in wind and solar. now, some of the investments didn't work out but their failure rate wasn't any -- was certainly lower than what would be obtained from investing in nuclear. nuclear is a -- is dead on wall street. and the government's...
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Sep 14, 2012
09/12
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but if you're going to spend forth the extra $2 trillion on military and not stay neutral on taxes and reduce the deficit then every program we have for the -- at home gets devastated. >> eliot: 3.75% of gdp is for everything including military, military is 4%, it means we have nothing left for everything else... education, justice. >> 4% for the military, that does not include all of the money we spend on homeland security. so in addition to all of the -- it is an extraordinary waste of money. we're still protecting western europe against stalin. we waste enormous amounts. whoa, you have to be careful. the chinese are gaining. chinese got their first aircraft carrier. it is a reconditioned ship they brought from ukraine and they have model airplanes on it because they've got to learn how to use it. i don't think that means we have to spend another $2 trillion. >> eliot: your logic impeccable. i hope the folks listen and vote as you recommended. congressman, thank you. >> eliot: healthcare reform is working. we've got the numbers to back it up. i'll talk, with congressman raul grijalva
but if you're going to spend forth the extra $2 trillion on military and not stay neutral on taxes and reduce the deficit then every program we have for the -- at home gets devastated. >> eliot: 3.75% of gdp is for everything including military, military is 4%, it means we have nothing left for everything else... education, justice. >> 4% for the military, that does not include all of the money we spend on homeland security. so in addition to all of the -- it is an extraordinary...
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Jun 15, 2012
06/12
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a tax strategy that rewards investment and job creation in america. seems like another politician this morning said that he would like to sea a tax structure that rewards investment in america too. >> that's my vision for america education, energy, innovation, infrastructure, and a tax code focused on american job recipients action and balanced deficit reduction. >> that strategy of incentives that cause businesses to choose to invest is a strategy paying off in kentucky were moody's predicted that the state would have one of the nation's five highest job growth rates next year. for more on how this is working in his state i stoke with kentucky democratic governor steve beshear. he joined us from lexington and i asked him if government can spur equipment development at the state level. >> no question about it, jennifer, that's what we are doing here in kentucky. you know, right when i came in to office at the end of 2007, is about the time that the historic recession hit us right in the face. and we very quickly decided that we had to get very aggress
a tax strategy that rewards investment and job creation in america. seems like another politician this morning said that he would like to sea a tax structure that rewards investment in america too. >> that's my vision for america education, energy, innovation, infrastructure, and a tax code focused on american job recipients action and balanced deficit reduction. >> that strategy of incentives that cause businesses to choose to invest is a strategy paying off in kentucky were...
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Dec 12, 2012
12/12
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it capped property taxes and required a two-thirds vote in the legislature to pass any future tax increases. but prop 13 turned out to be anything but the panacea that its proponents promised. california once ranked 7th, has now dropped to 35th. it has the highest debt and lowest credit rating of any state in the country. this can be blamed in part on proposition 13. but californians had a little bit of an awaking this year and they voted for proposition 30 which temporarily raises income taxes for the wealthy and sales taxes for everyone, with rev views going towards education, and now there is word that the state is expected to have a billion dollars surplus, california, in 2014! when they had a $42 billion deficit in january 2009. they are going to have a billion dollars surplus. maybe congressional republicans dealing with the fiscal cliff should take note. coming to us from sacramento is the former california state treasurer that lead the commission that was tasked with figuring out the financial meltdown. welcome inside "the war room." >> good to be with you. >> jennifer: all right. w
it capped property taxes and required a two-thirds vote in the legislature to pass any future tax increases. but prop 13 turned out to be anything but the panacea that its proponents promised. california once ranked 7th, has now dropped to 35th. it has the highest debt and lowest credit rating of any state in the country. this can be blamed in part on proposition 13. but californians had a little bit of an awaking this year and they voted for proposition 30 which temporarily raises income taxes...
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Oct 10, 2012
10/12
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more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class is disappearing, you can't cut social security -- and by the way, the so-called chain cpi, one way to cut social security would not only hit the elderly and disabled it would also hit disabled veterans. you don't make massive cuts in medicaid or medicare so i think this issue is very very clear. which side are we on? are we going to protect the wealthiest people in this country, the largest corporations eliot, one fourth of profitable corporations pay nothing in taxes. we are losing about $100 billion a year because the wea
more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class...
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Mar 21, 2012
03/12
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the ryan budget also provides tax breaks -- or keeps the tax breaks that are for the oil company, but cuts, of course the tax breaks for renewable energy production. $4 billion is provided in breaks to oil companies. $3 billion is cut to clean energy development. and just as a point of reference, in 2011 the latest period for which we have numbers for profits, when the price of gas was $3.57 a gallon oil company profits were $137 billion. so what we're going to do right now is take a quick break so you can listen to mitt romney's speech and when we come back we will come back and talk to senator dorgan. so listen to mitt romney. >> so many great friends in this room and across illinois. what a night. thank you, illinois. what a night. wow! [ cheers and applause ] >> and of course i would like to congratulate by fellow candidates. i would like to thank in particular the volunteers, and our friends across the state, and frankly in other states who have been working hard. i appreciate their unwavering support through good times and bad. and tonight we thank the people of illinois for the
the ryan budget also provides tax breaks -- or keeps the tax breaks that are for the oil company, but cuts, of course the tax breaks for renewable energy production. $4 billion is provided in breaks to oil companies. $3 billion is cut to clean energy development. and just as a point of reference, in 2011 the latest period for which we have numbers for profits, when the price of gas was $3.57 a gallon oil company profits were $137 billion. so what we're going to do right now is take a quick...
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Apr 4, 2012
04/12
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if you tax the rich you are dividing the country, et cetera. that's also, you know, of course a way that mitt romney continues to get on -- out spend rick santorum by 4 to 1 because he has the rich people and wall street guys giving him the money so we are quote/unquote not divided. okay? now, let me bring in a vital -- i think it's now totally and utterly over. mike, talk first. >> it's easy to say but i am going to disagree with you a little bit only because of what may looks like. >> will you ever agree with me? >> i agree with you constantly, you know. it's like you and the president. you guys agree more than you realize you do. >> okay. >> but, you know, indiana, west village, nebraska oregon alaska arkansas and kentucky states where rick santorum, old rick santorum old like 2 weeks ago santor asme could have done quite well. those lie ahead. what romney needs to kind of change the dialogue here is to pull an upset. he hasn't really pulled an upset. i think that would help him long-term. it hasn't happened. rick santorum going to be the ne
if you tax the rich you are dividing the country, et cetera. that's also, you know, of course a way that mitt romney continues to get on -- out spend rick santorum by 4 to 1 because he has the rich people and wall street guys giving him the money so we are quote/unquote not divided. okay? now, let me bring in a vital -- i think it's now totally and utterly over. mike, talk first. >> it's easy to say but i am going to disagree with you a little bit only because of what may looks like....
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Jan 8, 2013
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why don't we give the tax cut to regular folks? for example they took away the payroll tax. i don't agree with the payroll tax cuts because i'm worried about social security and i'm worried about social security. they didn't talk about job creation when they took that away and it affects all of us. >> when you see the people who are ringing rum here, rum importers, they're getting the tax breaks. when you look at the motion picture industry which does not bring a lot of sympathy because there is a lot of money in there. but these tax breaks do allow them to shoot movies in states. >> cenk: there is some point to that because they could go to canada. but this is a massively profitable industry. >> i'm not defending it. i was going to show the other side which is exactly what you said. there is always another side to that story. these are tax breaks for those who seek tax breaks and have the savvy to put money behind it. you see those who were employed to get them the tax breaks with the lobbying, that's how to works. >> cenk: just really quick so you all get an understanding
why don't we give the tax cut to regular folks? for example they took away the payroll tax. i don't agree with the payroll tax cuts because i'm worried about social security and i'm worried about social security. they didn't talk about job creation when they took that away and it affects all of us. >> when you see the people who are ringing rum here, rum importers, they're getting the tax breaks. when you look at the motion picture industry which does not bring a lot of sympathy because...
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Nov 30, 2012
11/12
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tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because the well identity disproportionately benefit from those type of low rates. >> jennifer: for sure. and, of course, we know that once they go over the fiscal cliff and those that -- that cap cal gains rate goes back to the clinton era it will be a 20% rate anyway. one way or another it's going to up. that's all i am saying. nancy took cook, thank you so much from the national journal thank you for join is us inside the war room. coming up, the car room is is not in the prediction business but we hear there is good money in
tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because...
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Jul 3, 2012
07/12
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versus not tax. what this is going to matter is the economy. is it important? yes, for people like you and i yes. but for voters, it is not. >> eliot: let me concede one issue to you, the economy will be more significant. but at this moment there is a trajectory to messaging when the economy is what mitt romney should be talking about and what everybody is talking about is gee, is mitt romney a taxer? did he impose a tax and is he and president obama the same on healthcare, something that he certainly doesn't want to acknowledge and mcconnell and boehner highlights that fact. i don't get why he has not been able to circumvent this and get on the same page. he's sinking into quick sand. >> there is a difference in having a law passed in massachusetts only for massachusetts and a law passed that applies to the whole federal institution. it never ruled on the massachusetts law. if there was any hint that that law was inconstitutional it would have been brought out. >> eliot: it's one thing to pass a law
versus not tax. what this is going to matter is the economy. is it important? yes, for people like you and i yes. but for voters, it is not. >> eliot: let me concede one issue to you, the economy will be more significant. but at this moment there is a trajectory to messaging when the economy is what mitt romney should be talking about and what everybody is talking about is gee, is mitt romney a taxer? did he impose a tax and is he and president obama the same on healthcare, something that...
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Feb 3, 2012
02/12
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she says at least cut corporate taxes. yeah, that's how tax system works. we tax corporations and individuals. and there's nothing wrong with that. but the second part was much worse. she talked about how -- well the retired people get so much of their money from capital gains, that's who she is looking out for. >> only 1.4% of the system of people make under $100,000 is from capitol gains and dividends. middle class, you make under $100,000 in the country, only 1.4% of your income comes from capital gains. 54%, the majority of the benefits going to millionaires. not the rich not the top 1% millionaires. that's who erin burnett is trying to protect. she is not done yet. she is going to put another point in here which is totally not true. here she is again. >> the bill would require those earning more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. 30% effective is 44% marginal. just to make the point, the effective rate would be 44%, not 35 or 39. again, 44 maybe something people are totally fin
she says at least cut corporate taxes. yeah, that's how tax system works. we tax corporations and individuals. and there's nothing wrong with that. but the second part was much worse. she talked about how -- well the retired people get so much of their money from capital gains, that's who she is looking out for. >> only 1.4% of the system of people make under $100,000 is from capitol gains and dividends. middle class, you make under $100,000 in the country, only 1.4% of your income comes...
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Dec 11, 2012
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all they say they want tax cuts is horrifying. we have david selig tax practioner and pundit. i assume that you agree with fox on this, that it's outrageous and horrific. >> thanks of allfirst of all thanks for having me on your program. as far as my friends in fox and i am friends with many of these people, i don't think it's that much of an outrageous event but what i do think is that it just polarizes us that much more, and it reinforces some felaciuos notions that wealthy people aren't pay be their fair share. the fact of the matter wealthy people pay a lot more taxes than everybody else. a person isn't a taxpayer if he or she gets back more than they pay in. >> cenk: fascinating. let me address a couple of those things. first of all you say rich people pay more in taxes. of course they're rich. they have more money. i say that literally. they have the higher percentage of the national income. the only time it was this high was right before the great depression. they pay more because they have more, doesn't that make sense? >> i'm not going to dispute that. that does make
all they say they want tax cuts is horrifying. we have david selig tax practioner and pundit. i assume that you agree with fox on this, that it's outrageous and horrific. >> thanks of allfirst of all thanks for having me on your program. as far as my friends in fox and i am friends with many of these people, i don't think it's that much of an outrageous event but what i do think is that it just polarizes us that much more, and it reinforces some felaciuos notions that wealthy people...
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Nov 17, 2012
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be a republican tax plan that democrats like. remember when mitt romney quoted the idea of capping tax deductions. more and more democrats are coming around to the idea. could this pave the way for a deal? >> why did we just have the election if we are going to do romney's tax plan and here is ball parka being conciliatoriy. >> our job is to make sure we are able to work together, find common ground, make tough compromises and build consensus to do the people's's business. >> conaccepts us is one thing adopting the losing guy's tax plan is another thing entirely. i talked to senator bernie sanders and what he thoughta of the president's position. interesting answers let's watch. >> the key issue in that campaign was whether or not the wealthiest people in this country are going to be asked to pay more in taxes. we won they lost. and that's what it -- in terms of social security you are beginning to hear more and more people say social security has nothing to do with deficit is reduction because it is funded independently by the p
be a republican tax plan that democrats like. remember when mitt romney quoted the idea of capping tax deductions. more and more democrats are coming around to the idea. could this pave the way for a deal? >> why did we just have the election if we are going to do romney's tax plan and here is ball parka being conciliatoriy. >> our job is to make sure we are able to work together, find common ground, make tough compromises and build consensus to do the people's's business. >>...
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Jan 28, 2012
01/12
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if you make more than a million dollars a year, you should not pay less than 30% in taxes. if you make under $250,000 a year like 98% of american families, your taxes shouldn't go up. now, you can call this class warfare all you want, but asking a billionaire to pay at least as much as his secretary in taxes most americans would call that common sense. warren buffets secretary there in the gallery. responding to an enthusiastic audience he took his message even further. >> i don't want to be in a country where we only are looking at success for a small group of people. we want a country where everybody has to chance. i want this to be a big bold generous country where everybody gets a fair shot, everybody's doing their fair share everybody's playing by the same set of rules, that's the america i know, that's the america i want to keep, that's the future within our reach. >> what's going on? let's bring in rolling stone contributing editor matt tiebe. >> your latest article "is obama's populist message real? >> when it comes to the wall street stuff i cover there's a lot of
if you make more than a million dollars a year, you should not pay less than 30% in taxes. if you make under $250,000 a year like 98% of american families, your taxes shouldn't go up. now, you can call this class warfare all you want, but asking a billionaire to pay at least as much as his secretary in taxes most americans would call that common sense. warren buffets secretary there in the gallery. responding to an enthusiastic audience he took his message even further. >> i don't want to...
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Jul 18, 2012
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people avoid paying taxes by having losses that they can take, by paying taxes to foreign governments that they deduct dollar for dollar against the u.s. we don't know exactly how the 35,000 people do this and by the way, six of those people made over $200 million and paid no taxes. because the i.r.s. has never asked congress to give us a proper report. >> jennifer: i'm sayin' that's just wild! do you think specific to romney that it's possible that the reason he won't disclose the taxes is because he wasn't paying any? >> well, here's the question to ask. would the obama administration make such a bold statement if they didn't know something? let's remember that 23 years of tax returns the ones i've been calling on romney to release were given to the mccain campaign. there are people who have seen these who are outside of the mccain camp, outside of the romney household and lawyers. so very good possibility that there's something that the obama people know. obama is a very good, defensive politician. so you have to ask would he really risk saying you're not paying anything unless the
people avoid paying taxes by having losses that they can take, by paying taxes to foreign governments that they deduct dollar for dollar against the u.s. we don't know exactly how the 35,000 people do this and by the way, six of those people made over $200 million and paid no taxes. because the i.r.s. has never asked congress to give us a proper report. >> jennifer: i'm sayin' that's just wild! do you think specific to romney that it's possible that the reason he won't disclose the taxes...
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Sep 22, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme music ♪ ] >> cenk: to tell you about voter i.d. but in her own unique way. >> hey black people, old people, poor people and students, get what you all have in common? lawmakers are trying to. [ bleep ] you and your. [ bleep ] hey y'all, it's me, your friend sarah. it's election time again. time to go to the local polling place, cross your name off the list and vote. but this year it's not going to be that easy because there are these brand new super. [ bleep ] laws that will make it difficult for specific people to vote. hum, i wonder what those demographics have in common? oh yeah, they're probably going to vote for this guy. >> cenk: by the way, it is not. [ bleep ] ed in the original. no one curses better than sir sarah si
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme music ♪ ] >> cenk: to tell you about voter i.d. but in her own unique way. >> hey black people, old people, poor people and students, get what you all have in common?...
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Feb 13, 2013
02/13
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we should grow our economy to create new tax payers and not new taxes. the government can help those who truly cannot help themselves. the truth is every problem can't be solved by the government. many are caused by the moral breakdown in our society. and the answer to these lie primarily in our family and our faith, not our politicians. ties spitedespite our differences, i pray we can come together to solve our problems because the choices before us could not be more important. if we can get our economy healthy again our children will be the most prosperous americans ever. if we to not, we will forever be known as the generation responsible for america's at the decline. at a time when one showdown after another of short-term dells that to nothing about our problems some believe our government can't make the right choices any more. but the strength has never opposite from the white house or the capital it has always come from our people. a people united by the american idea if you have a dream and you're willing to work hard, nothing should be impossible
we should grow our economy to create new tax payers and not new taxes. the government can help those who truly cannot help themselves. the truth is every problem can't be solved by the government. many are caused by the moral breakdown in our society. and the answer to these lie primarily in our family and our faith, not our politicians. ties spitedespite our differences, i pray we can come together to solve our problems because the choices before us could not be more important. if we can get...
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Nov 9, 2012
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if we did nothing the bush tax cuts would expire. that's awesome. unemployment benefits would expire. that's bad. payroll tax cuts would expire. alternative minimum that would would be expiring. the alternative minimum tax needs to get fixed by both sides. i don't see what the big thing is. in fact, right now according to the deal, the grand bargain it would take $3 in spending cuts and only raise taxes by one dollar. they're looking at $4 trillion. let me do some quick math. at in the old thing they're trying to get rid of, they're trying to get rid of $2 trillion in spending cuts. in the other $3 trillion. they would take away like we were going to cult the defense contractors. they would get rid have that and take it all from the middle class and poor. i think this grand bargain is horrible! but no no, president obama says we must protect the defense contractors. in the middle of a debate he said this. >> first of all this presser is not something i proposed, it's something congress has proposed, it will not happen. >> then boehner sensing blood
if we did nothing the bush tax cuts would expire. that's awesome. unemployment benefits would expire. that's bad. payroll tax cuts would expire. alternative minimum that would would be expiring. the alternative minimum tax needs to get fixed by both sides. i don't see what the big thing is. in fact, right now according to the deal, the grand bargain it would take $3 in spending cuts and only raise taxes by one dollar. they're looking at $4 trillion. let me do some quick math. at in the old...
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Aug 2, 2012
08/12
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to help us weed through the romney tax plan and put the tax policy center's, the excellent tax policy center findings in context, i'm joined by the excellent columnist from thompson ritter ritter david cay johnston. thank you for being here. >> i'm delighted to be here. >> jennifer: let's start by taking a moment to live to mitt romney in june explaining his tax plans. >> romney: one of the absolute requirements that i have in mind people at the high end whether you call it the 1 hers, 1%, 2%, .5% they'll pay the same tax burden they have now. i'm looking to bring tax breaks down for everyone. >> jennifer: so, david cay johnston, what would romney's tax plan actually do? >> well, it will do exactly what the tax policy center says. i wrote a column last fall pointing out what romney's plan does is provide big tax increases and raises taxes on parents who have children at home under the age of 18, and families who are sending someone to college who are not wealthy they would lose tax breaks under his plan. that figure that you saw there and i would have done the chart the other way arou
to help us weed through the romney tax plan and put the tax policy center's, the excellent tax policy center findings in context, i'm joined by the excellent columnist from thompson ritter ritter david cay johnston. thank you for being here. >> i'm delighted to be here. >> jennifer: let's start by taking a moment to live to mitt romney in june explaining his tax plans. >> romney: one of the absolute requirements that i have in mind people at the high end whether you call it...
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Sep 1, 2012
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paying taxes, not paying, we're all the same in ability to lie a little bit and rationalize it. but what cult u. does, it comes on top of that and takes particular domains of life and changes what you think is acceptable or not acceptable. almost all my undergrads have illegal music. does that mean they are immoral in other aspects of their lives not necessarily. this area is acceptable. i'll tell you the good news. >> as a politician. >> when we do the experiments we do them in colleges or bars. you do them in bars, we think people that go to bars are kind of the same everywhere and adjust the payments. we have an international currency basically beer. we run these he can perments in washington d.c. in bars with congressional staffers and in new york city with bankers. that's the only place we found a cultural difference. we did it with people who got out of prison. and to people who live in downtown durham, no difference. politicians and bankers only difference. who do you think cheated more. >> i want to say bankers, of course. >> the bankers 2-1. the two possibilities of how
paying taxes, not paying, we're all the same in ability to lie a little bit and rationalize it. but what cult u. does, it comes on top of that and takes particular domains of life and changes what you think is acceptable or not acceptable. almost all my undergrads have illegal music. does that mean they are immoral in other aspects of their lives not necessarily. this area is acceptable. i'll tell you the good news. >> as a politician. >> when we do the experiments we do them in...
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Jul 10, 2012
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and it's not just taxed. they always tell you if you raise taxes on the rich you are going to destroy your economy. not true! not true! at 90% the economy is still booming and in fact doing much better than it was at 35%. so what happened they say if you raise taxes on the rich you are going to destroy the economy. not true. how about jobs. this is even better. same exactly situation here. 28 to 31% a little bit of growth but not great. latter end 75 to 80%, again, top growth in jobs. the only thing in red, is because ever since we have been at the current rate of 35%, we have had negative job growth. the only time we have lost jobs. we have been here for about 11 years now, and we continue to lose jobs. tax cuts don't create jobs, oftentimes they cost jobs. when you raise taxes on the rich, it doesn't cost jobs. in our history, when we were doing the greatest in american history, the golden years, we had the highest tax rates and the highest amount of growth and the highest amount of jobs. those are facts! s
and it's not just taxed. they always tell you if you raise taxes on the rich you are going to destroy your economy. not true! not true! at 90% the economy is still booming and in fact doing much better than it was at 35%. so what happened they say if you raise taxes on the rich you are going to destroy the economy. not true. how about jobs. this is even better. same exactly situation here. 28 to 31% a little bit of growth but not great. latter end 75 to 80%, again, top growth in jobs. the only...
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Apr 14, 2012
04/12
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. >> the president's assault on economic freedom begins with taxes, and his tax hikes. of course by their very nature taxes reduce freedom. and the president is now touring the country touting a new objection to on investment and the wealthy. bureaucrats are insinuating themselves in every corner of the country. they prevent drilling rigs from going to work in the gulf, they keep coal from being fined. economic freedom hasn't been the only one of the obama administration's targets. our first freedom, our religious freedom has always been under attack. this administration's attack on freedom extents even to rights explicitly guaranteed by the constitution. the right to bare arms is so plainly stated that liberals have a hard time challenging it directly. instead they have been employing every imaginable rues and ploy to defeat it. we need a president who will enforce current laws not create new ones. i will. we need a president who will stand up for the rights of hunters and sportsman, president obama has not. i will. and if we're going to safeguard our second amend. men
. >> the president's assault on economic freedom begins with taxes, and his tax hikes. of course by their very nature taxes reduce freedom. and the president is now touring the country touting a new objection to on investment and the wealthy. bureaucrats are insinuating themselves in every corner of the country. they prevent drilling rigs from going to work in the gulf, they keep coal from being fined. economic freedom hasn't been the only one of the obama administration's targets. our...
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Jan 3, 2013
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the estate tax which is a tax on inheritance, the estate tax goes up to 40% from 35%. this deal also impacts those who are make a little less than $400,000 but still less than the average american people making between 250 and $400,000 a year won't be able to take as many deductions in the tax code. they will be limited for people under $400,000 but over $250,000. all of these moves make our tax code significantly more progressive. we're going to break this down and make it easier for you. the demes also got help for the working poor and the middle class in this deal. here is how. the college tax credits are still preserved and extended for five years. in addition to that five years -- in addition to college tax credits, the child care tax credits also extended for five years. in addition to that for the working poor the earned income tax credit also known as the eitc that is also extended for another five years. unemployment benefits are also extended. that's ui unemployment insurance. that's extended for another 12 months. and remember that none of the cuts that repu
the estate tax which is a tax on inheritance, the estate tax goes up to 40% from 35%. this deal also impacts those who are make a little less than $400,000 but still less than the average american people making between 250 and $400,000 a year won't be able to take as many deductions in the tax code. they will be limited for people under $400,000 but over $250,000. all of these moves make our tax code significantly more progressive. we're going to break this down and make it easier for you. the...
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Jun 29, 2012
06/12
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this has been making the rounds the largest tax hike in history. the law has some taxes in it. they are primarily taxes on very wealthy people and taxes on parts of the healthcare industry to help pay, to help people middle class people afford their insurance. but the total size is not anywhere near the largest tax hike in history. the independent fact checking group found that it wasn't even in the top 5. so, no she is wrong. >> again. let me try one more on you. senator marco rubio said this on fox news today. take a license. >> and if you don't buy it, you have an irs problem. if you do not buy health insurance, the irs is going to be on your back and chasing you. they are going to take away your refund. they are going to increase your fees. they are going to come after you. >> all right. so are the jack-booted thugs of the irs going to come knock down your door and take your home. >> i will give the senator credit, there is a shred of truth. it says if you don't get healthcare insurance and you decide not to pay the penalty, the irs can withhold future tax income refunds. s
this has been making the rounds the largest tax hike in history. the law has some taxes in it. they are primarily taxes on very wealthy people and taxes on parts of the healthcare industry to help pay, to help people middle class people afford their insurance. but the total size is not anywhere near the largest tax hike in history. the independent fact checking group found that it wasn't even in the top 5. so, no she is wrong. >> again. let me try one more on you. senator marco rubio said...
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Dec 4, 2012
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the payroll tax cut will expire. if you're a working person, you're losing $40 to $50 a week immediately in your first paycheck. the unemployment benefits will expire. if you're dependent on that, your income will fall off the cliff. if you're someone who listens on dividends and financial gains, the fact that tax on those will rise will not put a crimp in your lifestyle and you may not be taking any capital gains until june, july, august, september. those who are most vulnerable are those on the lower income ladder and who are benefiting from the benefits that will expire, they will feel like they're going over a cliff. >> eliot: brian, let me turn to you, politically am i not correct? the pieces of the tax impact that dan was just talking about that would have the greatest impact are the pieces that are the least likely to be extended under any deal. the payroll tax there seemed to be a consensus that there would not be an extension of the payroll tax cut because that is so necessary to funding social security. tha
the payroll tax cut will expire. if you're a working person, you're losing $40 to $50 a week immediately in your first paycheck. the unemployment benefits will expire. if you're dependent on that, your income will fall off the cliff. if you're someone who listens on dividends and financial gains, the fact that tax on those will rise will not put a crimp in your lifestyle and you may not be taking any capital gains until june, july, august, september. those who are most vulnerable are those on...
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Oct 20, 2012
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the 35% tax rate. they are taxed at a lower rate. [ laughter ] >> we combed through all of the moments that made you go yuck. yuck. how much will you pay for these chuckles? it depends on who wins the election. call now. >> jennifer: thanks so much for joining us in "the war room." we'll have special debate coverage on monday night with al gore and current tv host round table. when my guest will be the very funny tom green. thank for watching. r plus our own ben mankiewicz back from battle ground. >> without being bombarded with political ads. >> and mitt romney's old
the 35% tax rate. they are taxed at a lower rate. [ laughter ] >> we combed through all of the moments that made you go yuck. yuck. how much will you pay for these chuckles? it depends on who wins the election. call now. >> jennifer: thanks so much for joining us in "the war room." we'll have special debate coverage on monday night with al gore and current tv host round table. when my guest will be the very funny tom green. thank for watching. r plus our own ben mankiewicz...
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Apr 25, 2012
04/12
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payroll tax, they are lying to you. those people do pay taxes. it's share. "young turks." go watch eliot spitzer with "viewpoint" next. ♪ [ theme music ] ♪ >>> good evening, i'm eliot spitzer. this is "viewpoint." president obama and mitt romney fight for the youth vote. republican legislators want to suppress suppress voting rights. president obama dominated the youth vote in 2008 and he bid for it again today. the president told students at the university of north carolina that he and first lady michelle obama finally paid off their student loans eight years ago, and urged congress to extending the low student loan rates through 2012. >> five years ago congress cut the rate on federal student loans in half. that was a good thing to do. but on july 1st, a little over two months from now, that rate cut expires. and in congress does nothing, the interest rates on those loans will double overnight. so stopping this from happening should be a no-brainer. >> obama's presumption gop rival said monday he too favored extending the rate cut but offered a different take. >> i t
payroll tax, they are lying to you. those people do pay taxes. it's share. "young turks." go watch eliot spitzer with "viewpoint" next. ♪ [ theme music ] ♪ >>> good evening, i'm eliot spitzer. this is "viewpoint." president obama and mitt romney fight for the youth vote. republican legislators want to suppress suppress voting rights. president obama dominated the youth vote in 2008 and he bid for it again today. the president told students at the...
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at this point, frankly we're all tired about mitt romney's taxes. jobs is the issue and taxes. mitt romney on the other hand being hammered because the brookings report and the tax policy institute two emanant institutions said look, buddy you're doing what people don't want you to do, help the very rich and make 95% of the public may more in taxes. that can't be good politics right now for mitt romney. >> more so than what harry reid is saying that, study and the idea that mitt romney's tax plan would only help the wealthiest americans has to be a concerting fact for his campaign up there in boston. they don't want to see -- mitt romney has had trouble appearing out of touch not able to release the american people. so far their strategy has been to dismiss this brookings study as a liberal group study not really based on fact. they've produced counter information from other studies from less partisan. there was an ernst & young study but the obama campaign has picture this up and said look, this is one more way that mitt romney is out in out to help the average american. they
at this point, frankly we're all tired about mitt romney's taxes. jobs is the issue and taxes. mitt romney on the other hand being hammered because the brookings report and the tax policy institute two emanant institutions said look, buddy you're doing what people don't want you to do, help the very rich and make 95% of the public may more in taxes. that can't be good politics right now for mitt romney. >> more so than what harry reid is saying that, study and the idea that mitt romney's...